Overview

Click to expand overview
An Ethereum whale who has been inactive for two years recently awoke and deposited over $10M worth of ETH to the Binance exchange. The whale wallet, which has An Ethereum whale that has been idle for two years has recently awakened and deposited more than $10 million worth of ETH into the Binance exchange. A whale wallet that has been 14 de oct. de 2025, Whale 0x88e, who has been dormant for 3 years, deposited 4.5K $ETH ($6.94M) to Binance at $1542. Notably, he accumulated 11.9K $ETH ($2.89M) A previously dormant Ethereum ETHUSDT whale has suddenly become active earlier this week as cryptocurrency markets dropped, with transactions moving over After a year of dormancy, an Ethereum whale has resumed market activity, grabbing attention of the crypto community. Today, the whale deposited 1000 ETH worth $1.6 Popular blockchain sleuth Whale Alert has reported that approximately two hours ago, an ancient premine Ethereum wallet came back to life after almost 10 years of The whale, which had been inactive for a prolonged period, transferred a staggering 10,000 ETH (equivalent to approximately $16.5 million) out of its wallet, leading to speculations and

Dormant Ethereum Whale Awakens, Deposits $10M to Binance: What Does It Mean?

An Ethereum whale who has been inactive for two years recently awoke and deposited over $10M worth of ETH to the Binance exchange. This activity has sent ripples through the crypto community, sparking speculation about the whale\'s motives and potential market impact.

Why is This Ethereum Whale Activity Significant?

Large Ethereum holders, often referred to as "whales," wield significant influence over the cryptocurrency market. Their actions, such as large-scale deposits or withdrawals, can impact prices and investor sentiment. A previously dormant Ethereum ETHUSDT whale has suddenly become active, with transactions moving over a substantial amount of ETH. This specific whale wallet, which has been tracked for some time, has been idle for years.

The whale wallet, which has accumulated a substantial amount of ETH over time, remained dormant for an extended period. Now, suddenly re-engaging with the market and depositing such a significant amount of ETH to Binance raises questions. A similar instance occurred in the past; Whale 0x88e, who had been dormant for 3 years, deposited 4.5K $ETH ($6.94M) to Binance at $1542. Notably, he accumulated 11.9K $ETH ($2.89M) at earlier dates. These actions are frequently monitored by the crypto community for potential clues about market trends.

Possible Reasons for the Whale\'s Actions

Several factors could explain this Ethereum whale\'s recent activity:

  • Profit Taking: The whale may be looking to capitalize on recent price increases by selling a portion of their ETH holdings.
  • Strategic Realignment: The whale might be rebalancing their portfolio or shifting assets to take advantage of other investment opportunities.
  • Market Manipulation (Less Likely): While less probable, large whale movements can sometimes be interpreted as attempts to influence market prices, although this is usually followed with intense scrutiny.

Past Whale Activity: A Premine Ethereum Wallet Awakens

This recent event isn\'t the first time a dormant Ethereum whale has resurfaced. Popular blockchain sleuth Whale Alert has reported that approximately two hours ago, an ancient premine Ethereum wallet came back to life after almost 10 years of inactivity. These types of wallets are often associated with the early days of Ethereum and can contain a significant amount of ETH. The whale, which had been inactive for a prolonged period, transferred a staggering 10,000 ETH (equivalent to approximately $16.5 million) out of its wallet, leading to speculations and further reinforcing the narrative that dormant whales can significantly impact the market.

What This Means for Ethereum

After a year of dormancy, an Ethereum whale has resumed market activity, grabbing attention of the crypto community. Today, the whale deposited 1000 ETH worth $1.6 million. The awakening of dormant Ethereum whales, especially those moving large sums to exchanges like Binance, can create volatility and uncertainty in the short term. Investors and traders should closely monitor market movements and exercise caution. The deposit of over $10M worth of ETH to Binance is a significant event that warrants close observation by the entire crypto community. It serves as a reminder that whale activity can have a substantial impact on the price of Ethereum.

Top Sources

Related Articles